Profits of agriculture and value of land

Survey and Settlement of Land Revenue

1[(1) For the purpose of determining the profits of agriculture and the value of land used for agricultural and non-agricultural purposes, at such intervals as the State Government may direct, the Collector or any other revenue officer as may be authorized by the Government may devide an area in to units in accordance with the provisions in this regard in section 32 of the Act and rules made there under.

Provided that the units once formed either for the purpose of determination of revenue rates or for the purpose of determination of profits of agriculture and value of land used for agricultural and non-agricultural purposes may be treated as unit for the purpose.

1. (2) The profits of agriculture of land in nit shall be the average profits of agriculture for Nal and Lunga classes of land in nit, determined on the basis of enquire on plots selected on samples base.
2. (3) The profits of agriculture shall be computed after detucting the estimated cost of cultivation from the market value of the products and bye-products, the market value being calculated on the average of sale prices prevailing in important markets in the neighborhood during the preceding three years or during any shorter period for which information is available]